Cyprus CPI Increases 1.2% In January As Sector Trends Diverge

by THEFUTURE.TEAM

February 27, 2026

Overview Of Cyprus CPI Performance

Cyprus’ Harmonised Consumer Price Index (HCPI) rose 1.2% in January 2026 compared with the same month a year earlier, according to data released by the Statistical Service of Cyprus. The figures indicate moderate price growth following higher inflation levels recorded in early 2025.

Yearly And Monthly Trends In Consumer Prices

On an annual basis, the largest price increases were recorded in Recreation, Sports and Culture (+5.8%), Restaurants and Accommodation Services (+4.8%), and Educational Services (+3.4%). Clothing and Footwear posted the steepest decline, falling 6.2% year over year. Every month, consumer prices decreased by 0.3% compared with December 2025. Food and Non-Alcoholic Beverages rose 3.7% month over month, while Clothing and Footwear fell 12.1%.

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Sectoral And Economic Category Analysis

Examining economic categories on an annual basis reveals that Services led with a 4.3% increase, while Energy showed the most significant decline at -6.5%. Moreover, a month-over-month review indicated a 3.7% reduction in Non-Energy Industrial Products, underscoring the varied dynamics across different sectors.

Eurostat Insights And Comparative European Performance

Eurostat data shows Cyprus recorded one of the lowest annual inflation rates in the European Union in January 2026, at 1.2%, down from 2.9% a year earlier. Across the eurozone, annual inflation stood at 1.7%, while core inflation, excluding energy and food, reached 2.2%. Inflation across the wider EU slowed to 2%, compared with 2.3% in December.

International Variations And Sector Contributions

Among EU member states, France (0.4%), Denmark (0.6%), Finland (1%), and Italy (1%) reported the lowest inflation rates. Higher readings were recorded in Romania (8.5%), Slovakia (4.3%), and Estonia (3.8%). Compared with December 2025, inflation declined in 23 EU countries, remained unchanged in one, and increased in three. Within the eurozone, Services made the largest contribution to annual inflation, adding 1.45 percentage points, followed by Food, Alcohol, and Tobacco at 0.51 points. Energy made a negative contribution of -0.39 points.

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Only 1% Of Cyprus Farms Use Precision Farming Technologies

by THEFUTURE.TEAM

July 24, 2026

Cyprus remains one of the European Union’s least digitised agricultural economies, with just 1% of farms using precision farming technologies in 2023, according to Eurostat.

The findings come as the EU continues to encourage the adoption of digital tools aimed at improving agricultural productivity, efficiency and sustainability.

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Internet Access Expands, But Digital Uptake Lags

Internet access has improved across the bloc, although adoption remains uneven. Eurostat found that 43% of EU farms had internet access in 2023, with northern and central European countries leading the way.

Denmark, Germany, Slovakia, Latvia, the Czech Republic and Austria all reported internet access rates above 90%.

Greater connectivity, however, has not translated into widespread digital adoption. Farm management information systems, which help farmers manage day-to-day operations, were used by only about 11% of EU farms. France was a notable exception, with around 60% of farms using the technology.

Precision Farming Concentrated In Larger Operations

Robotics adoption also remained relatively limited, with only about 7% of EU farms using robotic technologies. Overall, around 18% of farms with utilised agricultural area employed at least one precision farming technology or practice in 2023.

These included robotics for plant protection, band spraying, variable-rate application, precision crop monitoring and soil analysis. Despite representing fewer than one in five farms, these holdings accounted for around 44% of the EU’s utilised agricultural area.

The figures suggest that precision farming remains concentrated among larger agricultural businesses, where investment in digital technologies is typically easier to support.

Cyprus Lags Behind EU Leaders

Luxembourg, Finland and Estonia recorded the highest shares of utilised agricultural area managed by farms using precision farming technologies, each exceeding 75%.

At the other end of the ranking, Cyprus recorded just 1%, while Greece and Romania reported between 10% and 15%. The results indicate that Cyprus remains at an early stage of digital adoption in agriculture, even as precision farming becomes more widespread across parts of the European Union.

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